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World Bank: Where Did PA Spend $100 million in Aid?

World Bank: Where Did PA Spend $100 million in Aid?

(IsraelNN.com) The World Bank suspects irregularities in $100 million that was sent through the offices of Palestinian Authority (PA) Chairman Mahmoud Abbas last year. Abbas has received more than $250 million in aid from Arab League nations since the American-led boycott was imposed against financing the government after the Hamas terrorist organization won a majority in the legislature last year.

Under pressure from the US and the Quartet, Israel recently transferred $100 million in tax revenues to Abbas. A similar amount of money has not been accounted for, and Abbas has refused to provide a list of expenditures.

"Anecdotal evidence has raised concerns of a significant reduction in transparency and accountability because of erroneous reporting and a failure to submit financial reports regularly," the World Bank stated. Nevertheless, it recommended that Israel release more tax revenues as well as make more "good will" moves in easing travel restrictions.



When will America wake up and look at the reality of the situation that Abbas is Arafat with a shave and a $2,000 suit and that Fatah is Hamas and Hamas is Fatah and they all want Israel destroyed and 6,000,000 dead Jews.